Russia’s Fuel Shipments Show Little Sign of Sanctions Strain
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Russia’s exports of fuels such as diesel and gasoline are on course to remain well above seasonal norms this month despite European Union sanctions that recently came into force.
Shipments of clean petroleum products — of which more than half are diesel-type fuel — stood at 1.9 million barrels a day during the first three weeks of April, according to data from Vortexa Ltd compiled by Bloomberg. If that rate continues for the rest of the month, exports will be their highest for the time of year since at least 2016.